for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

mikey

The trials were with a major global potential customer. Despite suggestions of it being McDs this has never been directly confirmed - but the lines are there to be read between.
There has been no confirmation of the conclusion or outcome of those trials although I hear firm whispers from various sources that Wrap 100 is fully accepted by that potential user.

Also, Wrap 100 and being sold by SEO and is generating revenue although, as far as we know, only to smaller customers.

But let us all not forget, Wrap 100 is a BioTec product and BioTec have their own customers and are, I have been told by the person who would know, selling the stuff to their own customers. Not a lost opportunity, nor all bad - SEO get 50% of the profits.

50% of the profits from Biotec sales of Wrap 100 - that'll keep the wolf from the door!

The number of posts here in the past week or so says it all really - the dream is over.

The dream is still alive (just).
Its the REM thats missing...............

Oblo
Wrap 100 is the name SEO give to what they (SEO) sell or will be selling. SEO will get 100% of those sales and profits. We just don't know what materials transfer pricing and royalty arrangements exist between SEO and BioTec but we get 50% of BioTecs profits from those, as well.

BioTec are themselves selling the same material but under other names - such as Bioplast. 50% of those sales/profits are for SEO

Alan
But you have to admire the quality of the posters on this page (bar one!) - if not the garbage we spout!

Tony,

Biotec have "BIOPLAST Wrap 100" which unless deliberately misleading by SEO should be one and the same material.

Gary
Yes, they are one and the same from what I have been told. As is the sample of 'Bioplast GF106 - 15 micron' that I have here in front of me on my desk.

I also have mail wrappers of the same thickness, appearance and touch, sent within the UK, and marked "The clear outer wrapper is made from biodegradable materials using renewable resources and is fully compostable".

When I asked MW if this originated from SEO he said "No - probably BioTec's own customer".
I don't know how it was sealed - heat or RF. Probably the former or SEO would otherwise have sold a Greenseal ! And we can't have that.....

Mes amities ,,,,,slt / Can someone pleeeeese answer me ? Why do you invest in such utter dross guilty of all misdemeanors when the market has offered some incredible bargains of late ..... This is a dead duck . Pure Carrion . Vulture grub . Not only has the fat lady stopped singing nor even left the building .......She passed away years ago when any one with a bit of sense got out at 28 .........it was a non brainer .....All froth and i said that years ago on this very thread so its not hindsight ........mais c'est la vie je suppose.....

So MW is stepping down for Personal reasons. Yer Right. Funny how it is nearly always personal reasons.

This change follows consultation with a significant group of the Company's shareholders.

Can only be a good move, as a bit more dead wood has gone.

Concerned over the whys and wherefores, but the replacement has exactly the cv SEO need.

REG-Stanelco PLC Directorate Change
Released: 13/04/2007



RNS Number:7902U
Stanelco PLC
13 April 2007

Under embargo for 07.00am



13th April 2007



Stanelco PLC ("Stanelco" or "the Company")



Change of Chief Executive



The Board of Stanelco today announces that Martin Wagner is stepping down from
his position as Chief Executive with immediate effect for personal reasons.
Paul Mines has been appointed as the new Chief Executive, and joins the Company
on 16 April 2007. This change follows consultation with a significant group of
the Company's shareholders.



Paul has extensive experience within the packaging sector. Until 2006, he was
CEO of Betts Group Holdings Ltd. ("Betts") for eight years, having led a
management buyout of the company from Courtaulds plc. Paul developed Betts as a
specialist packaging business with a global footprint and sales of over 100m.
An Engineer with an MBA from London Business School, Paul spent his earlier
career at Courtaulds and ICI plc in a variety of commercial and operational
roles. He has recently been a consultant partner with Wyvern Partners LLP,
assisting their clients with fund-raising and strategic development with a focus
on the packaging and renewable energy sectors.



Martin Wagner has been Chief Executive of the Company since November 2005.
Martin made a significant contribution to the fund-raising exercise in November
2006. He conducted the recent strategic review in order to reduce the cost base
and improve efficiency for the Company, and has been addressing the need to find
experienced partners to develop the Company's considerable IP portfolio. He will
make himself available for an orderly handover of responsibilities. The Board
wishes to thank him for his contribution during this difficult period in the
Company's development and wishes him well in his future career.



Commenting on the Board changes, Philip Lovegrove, Non-Executive Chairman said:



"We would like to thank Martin for his hard work and contribution during his
time with the business and wish him well in the future."



John Standen, Non-Executive Director (to be appointed Non-Executive Chairman at
the Company's forthcoming AGM) said:



"Paul has considerable relevant experience and the right skills which will help
enable the Company to maximise opportunities and allow it to move forward and
deliver for the benefit of all shareholders. His immediate focus will be to meet
Stanelco's employees, visit the operations and to become fully acquainted with
the opportunities that lie ahead for the Company."



Paul Mine's directorships:



Paul Mines is currently a director of Sulgrave Road Management Co. Limited and
Windmine Limited. He was previously a director of Betts Group Holdings Limited.
There are no further details required to be disclosed under paragraph 9.6.13R
of the Listing Rules or Disclosure Rule 3.1.2R.



- Ends -

Lets hope this is at long last the beginning of a beautifully green and pleasant future.

There is a picture of the new man at www.reuk.co.uk/Windmine-Interview.htm together with a few more details.

Oblomov

Its looks as though the market has removed the nails from the coffin and has revived the corpse.

The oily one

Along as the new CEO doesn't resign in a week's time there may be a chance for SEO yet!

Is this new guy called Lazarus by any chance????
I hope so................

What a pity this never happened last Monday, Alan as the timing of your remark above would have been impeccable!

The oily one

Not sure about the haircut but look forward to meeting him and the new chairman at the AGM.

Market seems to like the idea - up 8.6% so far!

Up 8.6%? Let me know when it's gone up 1400% -thats when I go back into profit!

It wasn't long ago when the positive posters here(there still are some) were putting their hope in MW, saying how he'd made a clean sweep, got SEO back on track, etc. Then in March we heard no MPP's, no Greenseal, no progress.

So what happened to MW the saviour?

Eric - where are you I'd be interested in youe opinion now MW's gone - you in particular put much hope in him - what now, start all over again with a new CEO so none of the past mistakes matter?

I think we owe much to MW.

He implemented the 'Strategic Review' and got rid of all the old Board and senior personnel including the virtual owner.

He oversaw the refinancing and persuaded Institutions to stump up 11m initially and buy more shares to the point they now own about 30%.
Ironicly for him, MW's present demise probably comes from those same Institutions - I believe Shroders had a meeting with SEO two weeks ago and MW has been 'off, on leave' last week. Also, on looking into the new man's background he certainly had contact with "London Capital Markets" ie.Institutions while at Betts.

Martin - thanks and good luck.

Paul - welcome and good luck. And get on with it - but keep us informed please.